Danone Bolsters Funding Flexibility with €700 Million Bond Issue
Source: The DairyNews
Danone has announced the successful issuance of a €700 million bond today, featuring a 6-year maturity and a 3.481% coupon rate.
Aligned with the company's strategic approach to active liquidity management, this bond issuance allows Danone to strengthen its funding flexibility while extending the maturity of its debt obligations.
Settlement for the bond issue is slated for May 3, 2024, with the bonds set to be listed on Euronext Paris.
The issuance garnered widespread interest from a diverse investor base, underscoring the robust confidence in Danone's business model and credit profile.
Danone holds a BBB+ rating with a stable outlook from Standard & Poor’s and a Baa1 rating with a stable outlook from Moody’s, affirming its solid creditworthiness in the market.
Settlement for the bond issue is slated for May 3, 2024, with the bonds set to be listed on Euronext Paris.
The issuance garnered widespread interest from a diverse investor base, underscoring the robust confidence in Danone's business model and credit profile.
Danone holds a BBB+ rating with a stable outlook from Standard & Poor’s and a Baa1 rating with a stable outlook from Moody’s, affirming its solid creditworthiness in the market.
23.09.2024
Carbon emissions in global milk production - the elephant in the room
I have been thinking to make this post yes/ no. I decided for yes and like to ask everyone to not "shoot the messenger". The chart shows an analysis of IFCN Dairy Research Network from the 2024 supporter conference in Poland.
